PPP Loan information for Presto oilfield services, llc

$500,000

Presto oilfield services, llc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/14/2020 by The Customers Bank reported 35 jobs and $500,000 was used to fund payroll.

Presto oilfield services, llc is New Business or 2 years or less

PPP Loan Search / TX / Midland / Presto oilfield services, llc

PRESTO OILFIELD SERVICES, LLC

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PRESTO OILFIELD SERVICES, LLC

Borrower Address

2913 Sunburst Dr

Borrower City

Midland

Borrower State

TX

Borrower Zip

79707

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-0001

CD

TX-11

Jobs Reported

35

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

504698.63

Forgiveness Date

04/22/2021

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